USDJPY moved sideways in a range between 80.30 and 81.98. The price action in the trading range is more likely consolidation of downtrend from 85.92, another fall towards 79.75 (1995 low) is expected. Support is at 80.30, a breakdown below this level could signal resumption of downtrend. Key resistance is at 81.98, only break above this level could indicate that the fall from 85.92 is complete.
GBPUSD broke above 1.6105 previous high resistance, suggesting that the longer term uptrend from 1.5296 (Sep 7 low) has resumed. Support is at 1.5961, as long as this level holds, uptrend is expected to continue and next target would be at 1.6300 area.
EURUSD broke above 1.4152 previous high resistance, suggesting that the uptrend from 1.2587 (Aug 24 low) has resumed. Further rise is still possible later today and next target would be at 1.4300 area. Support is at 1.3990, as long as this level holds, uptrend will continue.
After breaking below the price channel support, USDCHF continues its downward move from 0.9971 and the fall extended to as low as 0.9692 level. Deeper decline is still possible later today, and next target would be at 0.9550-0.9600 area.
AUDUSD broke above 0.9998 previous high resistance, suggesting that the uptrend from 0.8066 (May 25 low) has resumed. Support is at the lower border of the rising price channel on 4-hour chart, as long as the channel support holds, uptrend from 0.9651 is expected to continue and next target would be at 1.0200 area.
USDCAD may be forming a cycle bottom at 1.0046 level on 4-hour chart. Key resistance is now at 1.0154, a break above this level will confirm the cycle bottom, then further rise to test 1.0372 resistance could be seen.